Brahim's Holdings to set up sugar refinery Malaysia
Initially, the plant will have production capacity of 10,0000 tons per year, which will be increased…Initially, the plant will have production capacity of 10,0000 tons per year, which will be increased to 330,000 tons in the future.
The company plans to fund the investment through bank loans initially. It expects the plant to begin operations by the beginning of 2014.
Brahim's Holdings has been seeking to foray into upstream production in food businesses. In line with this plan, the company recently purchased 60% stake in Admuda, which holds a license to produce refined sugar and molasses in East Malaysia.
Brahim's Holdings is involved in catering, logistics, consulting, and restaurant businesses in Malaysia.
